Funding you earn now, next payment 01:00 UTC−0.0216%/8h= −23.6% APRpaid last 24h 0.000%
Price spread now: KuCoin against ApeX Omni+0.564%52s7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$680.683% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 3 days (all we have)−0.701%−$70 · spread now +0.564%, 7d avg −0.022%
=The price spread pays, funding is against you. KuCoin is 0.587% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.564% now, against its 7-day average of −0.022%): +$59 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 9.1 days. At the pace of the last 7 days (−0.038% in total) that is about 4 months. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.038% in total (about -2.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni TAOUSDT | 317.14 | 0.0316 | pay 0.0039% / 1h | 22m 38s | $49K | $267K | 50x |
| Short | KuCoin TAOUSDTM | 318.93 | 0.0100 | get 0.0050% / 4h | 3h 22m | $18.2M | $29.2M | 75x |
ApeX Omni TAOUSDT
KuCoin TAOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$45.29
- Price spread: +0.564% → −0.022%
- $58.69
- Slippage, 4 orders
- −$46.3
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$54.91
- Costs to cover
- 0.683%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 49 min ago; KuCoin: live order book, 6 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 49 min ago | 6.24 bp | 14.0 bp −$14 | 113.5 bp −$1,135 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 1.73 bp | 18.4 bp −$18 | 28.6 bp −$286 | doesn't fit | doesn't fit |
TAO on 43 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk TAO-USD | −0.1321% | 1h | 318.22 | +0.341% | $169K | $44K | 10x | as long as short |
| dYdX TAO-USD | 0.0000% | 1h | 319.00 | +0.586% | $128K | $88K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0004% | 1h | 318.34 | +0.377% | $21K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 318.71 | +0.495% | $43K | $596K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 318.69 | +0.489% | $91.7M | $448.0M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 319.10 | +0.618% | $26.1M | $109.1M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 318.70 | +0.492% | $12.9M | $50.8M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 318.98 | +0.580% | $109.4M | $135.2M | 300x | as long as short |
| KuCoin TAOUSDTMshort | +0.0100% | 4h | 318.93 | +0.564% | $18.2M | $29.2M | 75x | |
| Bitget TAOUSDT | +0.0100% | 4h | 318.54 | +0.441% | $35.5M | $50.9M | 50x | as long as short |
Bulk TAO-USD
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
Bitget TAOUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TAOUSDC | +0.0100% | 4h | 318.41 | +0.401% | $40K | $292K | 10x | as long as short |
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 318.34 | +0.377% | $526K | $960K | 10x | as long as short |
| Bullet TAO-USD | +0.0100% | 1h | 318.61 | +0.463% | $12K | $17K | 20x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 318.45 | +0.413% | $57K | $316K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 318.25 | +0.350% | $2K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 318.82 | +0.530% | $127K | $423K | 20x | as long as short |
| Phemex TAOUSDT | +0.0100% | 4h | 318.44 | +0.410% | $3.4M | $7.8M | 50x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 319.02 | +0.592% | $175K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0113% | 8h | 318.85 | +0.539% | $738 | $624K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0173% / S +0.0093% | 1h | 318.35 | +0.381% | $458K | — | 100x | as long as short |
| Pacifica TAO | +0.0185% | 1h | 319.24 | +0.662% | $378K | $376K | 10x | as long as short |
| Arcus TAO-USD | +0.0201% | 1h | 319.00 | +0.586% | $84K | $550K | 5x | as long as short |
| Aster TAOUSDT | +0.0226% | 4h | 318.83 | +0.532% | $1.2M | $8.6M | 50x | as long as short |
| Paradex TAO-USD-PERP | +0.0234% | 8h | 318.95 | +0.571% | $14K | $1K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0241% | 1h | 318.52 | +0.434% | $17K | $1.5M | 25x | as long as short |
| Polymarket Perps TAO-USD | +0.0290% | 1h | 318.68 | +0.486% | $93K | $635K | 5x | as long as short |
| ApeX Omni TAOUSDTlong | +0.0316% | 1h | 317.14 | long leg | $49K | $267K | 50x | |
| BloFin TAO-USDT | +0.0340% | 4h | 318.41 | +0.400% | $4.5M | $10.8M | 100x | as long as short |
| BingX TAO-USDT | +0.0398% | 4h | 318.85 | +0.539% | — | $30.4M | — | as long as short |
| Variational Omni TAO | +0.0460% | 4h | 318.45 | +0.414% | $5.5M | $8.7M | — | as long as short |
| Kraken Futures PF_TAOUSD | +0.0481% | 1h | 318.47 | +0.418% | $5.7M | $20.3M | 50x | as long as short |
| Phoenix TAO | +0.0525% | 1h | 318.10 | +0.303% | $333K | $624K | 5x | as long as short |
| Injective TAO/USDC PERP | +0.0571% | 1h | 322.97 | +1.838% | $23K | $678 | 12x | as long as short |
| 01 Exchange TAOUSD | +0.0584% | 1h | 318.78 | +0.517% | $3K | $4K | 5x | as long as short |
| Bybit TAOUSDT | +0.0595% | 4h | 318.85 | +0.539% | $65.8M | $133.2M | 50x | as long as short |
| Reya TAORUSDPERP | +0.0695% | 1h | 318.51 | +0.431% | $366 | — | 20x | as long as short |
| Nado TAO-PERP | +0.0770% | 1h | 318.65 | +0.477% | $891K | $2.0M | 10x | as long as short |
| Backpack TAO_USDC_PERP | +0.0832% | 1h | 318.66 | +0.479% | $322K | $818K | 10x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0984% | 1h | 318.63 | +0.470% | $1.5M | $6.3M | 50x | as long as short |
| Extended TAO-USD | +0.1120% | 1h | 318.55 | +0.445% | $926K | $2.3M | 25x | as long as short |
| RISEx TAO/USDC | +0.1141% | 1h | 318.87 | +0.546% | $423K | $592K | 5x | as long as short |
| Lighter TAO | +0.1440% | 1h | 319.85 | +0.854% | $1.7M | $6.0M | 5x | as long as short |
| Hyperliquid TAO | +0.1998% | 1h | 319.59 | +0.773% | $103.3M | $91.0M | 5x | as long as short |
edgeX TAOUSDC
GRVT TAO_USDT_Perp
Bullet TAO-USD
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Phemex TAOUSDT
Aevo TAO-PERP
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Pacifica TAO
Arcus TAO-USD
Aster TAOUSDT
Paradex TAO-USD-PERP
Deribit TAO_USDC-PERPETUAL
Polymarket Perps TAO-USD
BloFin TAO-USDT
BingX TAO-USDT
Variational Omni TAO
Kraken Futures PF_TAOUSD
Phoenix TAO
Injective TAO/USDC PERP
01 Exchange TAOUSD
Bybit TAOUSDT
Reya TAORUSDPERP
Nado TAO-PERP
Backpack TAO_USDC_PERP
Coinbase International TAO-PERP-INTX
Extended TAO-USD
RISEx TAO/USDC
Lighter TAO
Hyperliquid TAO